BGFI Holding Corporation successfully completed its IPO on the Central African Stock Exchange (BVMAC), raising over CFA45 billion (about $74 million), according to group figures. The shareholder base expanded from 431 to 7,601 investors across 24 countries, with individuals accounting for more than 71% of subscribers.
Regional free-float market capitalization increased from CFA69 billion to CFA114 billion (about $113m to $187m). Under its “BGFI 2030” strategy, the group estimates financing needs at CFA125 billion over five years (around $206 million) to support operational strengthening and digital transformation.
